CINCINNATI — April 1, 2021–Coterie, the tech start-up that makes buying small business insurance easy, today announced a new partnership with Briza, the commercial insurance-as-a-service application programming interface (API). The partnership brings Coterie’s digital insurance capabilities together with Briza’s broad digital distribution network.
Briza’s single integration API instantly connects business insurance providers to wholesalers, retailers, and SaaS platforms. With Coterie’s technology, Briza’s market partners now have access to digital tools to transform the way they handle small business insurance.
“Integrating with Briza is a big win for Coterie as it will help us not only bring our small business insurance solution to a wider audience but also continue in our quest to make the small business insurance process easier for all involved – agents, brokers, and their customers,” said Ray Lynch, Director of Digital Agency & Broker Distribution at Coterie.
Building on Briza’s commitment to simplify the distribution of commercial insurance, Coterie’s digital tools to simplify small business insurance complement Briza’s existing partners, including a dozen commercial insurance partners. This partnership will make Coterie’s small commercial insurance products available to Briza’s entire network of retailers, wholesalers, and software developers.
“The commercial insurance of the future is fast, flexible, API-driven, and available on platforms where business owners are already getting work done,” said Ben Munro, CEO of Briza. “We have deeply held beliefs about where this industry is going, and we are enthusiastic about working with Coterie, an incredibly forward-thinking company whom we find closely aligned with this philosophy.”
Briza’s API is already available to software developers, wholesalers, and insurance retailers. Briza’s technology is also available through its white-label Smart Portal application, which allows brokers or insureds to quickly obtain instantly-bindable quotes and pay online. Briza joins a network of Coterie partners for an automated, simplified and integrated small business insurance experience.
Coterie is on a mission to make business insurance easy. Through tech-based business insurance solutions, Coterie delivers simpler coverage, more accurate pricing, and a streamlined experience. By enabling the instant quoting and issuing of policies as well as a 100% digital underwriting process, agents and brokers are able to simplify and digitize their operations to better serve small businesses. Digital insurance platforms are able to leverage Coterie’s simple, easy to integrate APIs, to further streamline the quoting and binding experience. Coterie’s expansive appetite is the most inclusive for the small businesses of today. For more information on Coterie and the digital transformation of small business insurance, go to www.coterieinsurance.com.
Briza was founded in 2016 by CEO Ben Munro, who has 20 years of experience in the insurance industry, including at global insurance companies Chubb, Markel, and AIG, along with board chair Mike McDerment, co-founder and Executive Chair at FreshBooks. The insurance API built with developers in mind. Briza gives commercial insurance carriers broad digital distribution for their insurance products with a single integration, instantly connecting them to wholesalers, retailers, SaaS platforms. Learn more at briza.com.